LA Financial CU deploys Jack Henry core processing platform

This credit union, which has more than $300 million in assets and approximately 35,000 members, will install Episys in-house.

According to Barbara Nall, president and CEO of LA Financial Credit Union, "Our current system is just not getting us where we need to go. We were impressed by Symitar's large community of users, and look forward to the resources that this impressive installed base will afford us. We are confident that converting to Symitar's stable, reliable, widely implemented system -- one that was designed specifically and exclusively for the operational needs of credit unions -- is in the best interest of our members, our employees, and our business."

Kathy Hooker Burress, president of Symitar, said, "Credit union core system technology needs to be stable, scalable, and provide the flexibility to adapt to a rapidly changing environment. Episys has proven these capabilities in the largest credit unions in the industry and with the largest number of third-party vendors with real-time integration to our core. But it is important not to assume that the expected credit union functionality exists with some of the new technology providers entering the credit union industry. From the standpoint of functionality and support, Symitar offers a true credit union system that is backed by true credit union people. The addition of this credit union to our roster of more than 500 credit unions positions Symitar with a record that is unmatched. Credit unions using every major data processing system have now elected to replace their systems with Symitar and Episys -- the industry's leading technology partner and platform."